PHA Board OKs deal with fintech firm Squidpay
Investment holding firm Premiere Horizon Alliance Corp. (PHA) has obtained board approval to buy 33 percent of digital payments firm Squidpay Technology Inc. (SPT) for as part of a “reverse takeover” deal that ceded PHA’s boardroom and management control to SPT’s owners. Trading on PHA was suspended by the Philippine Stock Exchange on Thursday pending…